About TeaFit
TeaFit is a company based in Mumbai (India) founded in 2019 by Urmila Pandey and Jyoti Bharadwaj. TeaFit has raised $60.78 thousand across 1 funding round from investors including Vineeta Singh, Anupam Mittal and Peyush Bansal. TeaFit offers products and services including Instant Tea Premix, Iced Tea, and Gifting Packs. TeaFit operates in a competitive market with competitors including Peet's Coffee & Tea, VAHDAM, Teabox, Dorje Teas and Wagh Bakri Tea Group, among others.
- Headquarter Mumbai, India
- Founders Urmila Pandey, Jyoti Bharadwaj
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Battlestar Food Technologies Private Limited
- Date of Incorporation 15 Feb, 2019
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$108.93 K (USD)493.52as on Mar 31, 2023
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Net Profit
$475.33 (USD)-49.61as on Mar 31, 2023
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EBITDA
$604.32 (USD)-43.65as on Mar 31, 2023
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Total Equity Funding
$60.78 K (USD)
in 1 rounds
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Latest Funding Round
$60.78 K (USD), Angel Round
Jan 10, 2023
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Investors
& 3 more
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Employee Count
Not available
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Products & Services of TeaFit
TeaFit offers a comprehensive portfolio of products and services, including Instant Tea Premix, Iced Tea, and Gifting Packs.
Unsweetened premix made from real tea for healthy, sugar-free drinks
Zero-calorie Ayurvedic iced tea boosting energy and metabolism
Curated tea sets for gifting to loved ones
Funding Insights of TeaFit
TeaFit has successfully raised a total of $60.78K through 1 strategic funding round. The most recent funding activity was a Angel Round of $60.78 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TeaFit
TeaFit has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Vineeta Singh, Anupam Mittal and Peyush Bansal.
| Investor | Description | Founded Year | Domain | Location |
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Vineeta Singh |
Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
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AM
Anupam Mittal |
Founder of Shaadi.com, angel investor, Shark Tank India judge
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Locked | Locked | Locked |
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PB
Peyush Bansal |
Founder of Lenskart, prominent angel investor, Shark Tank India judge
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Locked | Locked | Locked |
Investor details for TeaFit
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by TeaFit
Investment portfolio details for TeaFit
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- Transaction dates
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Financial Statements - TeaFit
Detailed financials for TeaFit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Teafit Comparisons
Peer comparison for TeaFit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of TeaFit
TeaFit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Peet's Coffee & Tea, VAHDAM, Teabox, Dorje Teas and Wagh Bakri Tea Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Speciality coffee and tea brand
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Tea powders and accessories are offered by an internet-first brand.
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Online platform offering tea
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Internet first brand offering tea
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Diverse packaged teas are provided for various consumer preferences.
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Society Tea is engaged in selling tea and related products online.
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Detailed competitors of TeaFit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Teafit
Complete news archive for TeaFit
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Frequently Asked Questions about TeaFit
TeaFit was founded in 2019 and raised its 1st funding round 4 years after it was founded.
TeaFit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
TeaFit is a funded company, having raised a total of $60.78K across 1 funding round to date.
Annual revenue of TeaFit is $108.93K as on Mar 31, 2023.
TeaFit was founded in 2019 in Mumbai, India, by co-founders Urmila Pandey and Jyoti Bharadwaj. The company operates within the tea industry, focusing on branding and distribution of teas. Core activities include product development and market presence in the beverage sector. Operations are based in Mumbai, with services extending to tea formulation and supply in the Indian market. The domain tea.fit supports online engagement.
TeaFit's top competitors include Peet's Coffee & Tea, VAHDAM and Society Tea.
TeaFit offers Instant Tea Premix, Iced Tea, and Gifting Packs.
TeaFit has 4 investors. Key investors include Vineeta Singh, Anupam Mittal, Peyush Bansal, and Aman Gupta.
The valuation of TeaFit is $759.69K as of Jan 2023.